Nan Fung Trinity HK Ltd. Invests $5.64 Million in VanEck BDC Income ETF (NYSEARCA:BIZD)

Nan Fung Trinity HK Ltd. purchased a new stake in VanEck BDC Income ETF (NYSEARCA:BIZD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 339,000 shares of the company’s stock, valued at approximately $5,638,000. VanEck BDC Income ETF accounts for 1.2% of Nan Fung Trinity HK Ltd.’s portfolio, making the stock its 24th largest position. Nan Fung Trinity HK Ltd. owned 0.52% of VanEck BDC Income ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Mission Hills Financial Advisory LLC lifted its position in VanEck BDC Income ETF by 9.8% during the fourth quarter. Mission Hills Financial Advisory LLC now owns 805,097 shares of the company’s stock worth $13,389,000 after acquiring an additional 71,942 shares during the last quarter. Foundations Investment Advisors LLC increased its stake in shares of VanEck BDC Income ETF by 26.5% during the fourth quarter. Foundations Investment Advisors LLC now owns 340,545 shares of the company’s stock worth $5,663,000 after purchasing an additional 71,401 shares during the period. Stratos Wealth Partners LTD. lifted its holdings in VanEck BDC Income ETF by 5.5% during the 4th quarter. Stratos Wealth Partners LTD. now owns 304,934 shares of the company’s stock worth $5,071,000 after purchasing an additional 15,949 shares during the last quarter. Townsquare Capital LLC boosted its stake in VanEck BDC Income ETF by 9.5% in the 3rd quarter. Townsquare Capital LLC now owns 238,648 shares of the company’s stock valued at $3,952,000 after purchasing an additional 20,777 shares during the period. Finally, Janney Montgomery Scott LLC grew its holdings in VanEck BDC Income ETF by 88.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 207,488 shares of the company’s stock valued at $3,451,000 after buying an additional 97,477 shares in the last quarter.

VanEck BDC Income ETF Price Performance

BIZD stock opened at $17.68 on Friday. The business’s fifty day moving average price is $17.05 and its two-hundred day moving average price is $16.60. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of 18.42 and a beta of 0.58. VanEck BDC Income ETF has a fifty-two week low of $15.18 and a fifty-two week high of $17.86.

VanEck BDC Income ETF Profile

The VanEck BDC Income ETF (BIZD) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a market cap-weighted index of US BDC companies whose principal business is to invest in, lend capital to, or provide services to privately held companies. BIZD was launched on Feb 12, 2013 and is managed by VanEck.